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to prohibit the f.a.a. from closing 149 f.a.a. contract control towers due to the furloughing of its air traffic controllers. senator moran is a member of the appropriation subcommittee on transportation. senator blumenthal a member of the transportation committee which both oversee the f.a.a., this is 20 minutes. >> good morning, everyone. thank you very much for joining us on a topic we have been engaged in for a very long time. as you may recall, we made an effort in the continuing resolution to make certain that the issue of air traffic control towers was addressed. the administration had announced the closing of more than 140 towers. we believe, i believe that that's contrary to public safety, and i certainly believe it's unnecessary for the administration to take the position that they are taking. and in fact the amendment that i offered, that we offered was designed to give them clearly the flexibility to avoid the closing of air traffic control towers. you may recall that i made the lea of secretary ray lahood to indicate his support for the amendment. he told me while he would l
to hear about that. faa warns of thousands of flight delays, will you change your travel plans? drivers take the trains instead? log on to facebook.co facebook.com/afterthebell. we'll read your responses later this hour. please don't move. we're right here for you. ♪ [ male announcer ] at his current pace, bob will retire when he's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on hisortfolio. and with some planning and effort, hopefully bob can retire at a more appropriate age. it's not rocket science. it just common sense. from td ameritrade. david: it was down week but up day at least toward the end of the day. s&p futures are closing. head to scott bauer at the pits of the the cme. what does it look like for monday, scott? >> now that volatility settled in, i think we'll have more volatility coming into the market next week. really monday and tuesday, we get existing home sales and new home sales. i think those will be two key economic reports among all of
the very latest ahead. adam: plus fibers -- flyers get ready for long delays. the faa says they are coming through. is it a warning or threat thanks to sequestration? we're live from one of the country's biggest airports next. first time to see how oil is trading friday night, buy. you are gonna need a wingman. and my cash back keeps the party going. but my airne miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. adam: get ready for some massive delays at the nation's airports. the faa is warning that 7,000 flights a day could be delayed due to furloughs of air traffic controllers as a result of sequestration. our jeff flock is at chicago's o'hare international airport with the headaches. >> i know we've heard about this before, adam but this time they're serious. really this could be bad. let's give you a lowdown on the furloughs. by the way, lots of delays out here today. but that is weather, not furloughs yet. here is what will happen. the furloughs will start on sunday. th
. the f.a.a. has assured us things will get much worse before the end of the busy summer travel season as these arbitrary sequester cuts continue to affect airport staffing levels. what it means is that every two weeks all f.a.a. employees will have to take a day off. at peak travel times, almost 7,000 flights will be delayed every day, some of them by up to three hours. now, mr. president, the worst day we had last year because of weather-related issues, less than 3,000 flights were delayed. now every day more than twice that number will be delayed. these delays will be bad for business, this'l they'll be frug for families and devastate forge the economy. but flight delays around the only consequences of these unintended cuts. it is not just f.a.a. employees. it will affect 750,000 jobs across the country. it will shred the safety net that keeps millions of seniors, children, veterans, and needy families from falling through the cracks. and it'll gut investment in education, medical research, that helps america compete in the 21st century. more than 2,700 schools with large numbers of
air traffic controllers must take one day off a week. the faa said planes will have to take off and land more frequently. that would translate to potential longer lines at the airport. joining me is the spokesperson for sfo. can you give me an idea of how many travelers will be out on every given day or? >> what i can tell you, it's about a 10% of reduction. if i'm an air traffic controller, one of my days out of ten is reduced as the furlough. >> reporter: do you have any idea if this will impact the lines? >> i think where we might see some effect is more from the faa perspective. i don't know if it will affect the lines at the airport. but in terms of flight delays, if there's another airport that has congestion issues or staffing issues, even if we're fined locally, we may experience delays to and from the location. it's very much a nationwide issue. >> reporter: it's a juggling act for you. i think one of the things we can expect, there is a procedure we use and that requires an extra controller. not an issue today but if we have bad weather conditions, we might not be able
and pilot organizations are trying to stop the furloughs from happening by suing the faa but they are here and commercial flights really move flatly throughout the united states yesterday. but the real test will come together. that is because air traffic -- because of budget cuts all air traffic controllers must take one day off every two weeks. that means they will lose one traffic controller every day. santa rosa airport they were down at least one controller yesterday. folks there said they were concerned about safety and felt the government could have made cuts elsewhere. >> we are looking at a tiny percentage that needs if be reduced. it's ridiculous they can't do that. you and i can certainly if we want to take $5 off of our spending for lunch over a month, it's easy for us to do. >> reporter: yesterday sfo and ma theta san jose reported no problems. sources inside the air traffic control tower here said four workers were furloughed yesterday. we still have to find out how many are furloughed today. meanwhile 100 contract towers in small airports across the country are scheduled to s
visitor programs certification from immigrations and forced them without being certified by the faa. according to g.a.o., 167 out of 434th flight training schools, 38% today do not have the required faa certification. i am told ice is often unaware when they revoke certification for flight training providers. i understand that ice is working with f.a.a. to thards issue. what updates and insurance consist you provide about ice's efforts to improve its communication with the f.a. toombings address this issue? >> i think we are very far along. by the way, senator, we're also moving from a new system governing institutions that educates student visa holders. this will help solve the problem. i will get to that. the silent screen process. under the present system, applicants for asylum must undergo a credible fear interview to determine whether they have a credible fear of persecution in his or her county of origin. but the officer determines that they have a credible fear, the application is a long for further consideration. this bill streamlines the process partly by allowing a screeni
officials on that. back to you. >>> well, the faa is also banning all planes and helicopters except for emergency equipment from flying offer the area where the two explosions happened yesterday in boston. that no-fly zone reaches up to 3,000 feet high. it extends about two miles in every direction on the ground. the restrictions, however, do not affect flights in and out of boston's logan air. now, stay with us again on "mornings on 2" for the very late et on the bombings and the investigation in boston. we'll be tracking. very latest developments on the fbi investigation coming up in a live report from boston in our next hour. >>> 7:37. tragedy hit a san jose family overnight. a 7-year-old girl was killed in a house fire. ktvu's janine de la vega is at the house now and just talked to the little girl's grandmother. janine? >> reporter: yeah, that's right. a person who lives around the corner came up to talk to the grandmother who says she's a very strong woman. she wanted to leave flowers at the door. the family is feeling numb. they can't believe their little girl is gone. firefi
production rate is expected early next year. separately, there are reports that the faa could approve boeing 787 dreamliner battery fix and in the plane's three-month grounding and that will probably be impacting the stock today. >> blackstone is ending its pursuit of dell ending the nationwide drop in pc sales and the move is founder michael dell and blackstone pulling out one month after it launched its will challenge to attempt to take dell private and dell shares are trading down in pre-market trading. general electric releasing first quarter earnings this morning and the company reported a 16% jump in earnings versus next quarter. last year on increased oil and gas drilling equipment sales and ge shed the last of its stake in nbc universal, and we have some breaking news, i believe. i'll go to beck owe this. we apparently have breaking news and not sure where we're going for this, but it does -- the affiliate in boston. i take it back. art hogan is standing by at lazard in boston and the events of today have shut down a wide swath of activity and this is not boston, this is not business
Search Results 0 to 8 of about 9